DLOC Recap, Options & More

Digital Locations Inc. DLOC

We tagged DLOC in yesterday morning’s report just in the nick of time to catch one of the top sessions in the stock’s history. On all time high daily volume, the stock cruised from a low of .07 all the way up to .35, marking a fantastic 400% ripper on the day.

We have been supplementing our options plays with some select OTC picks as well, and this is a fine example of why. The opportunities have been there for anyone with the wherewithal to look (or read our daily reports).


Options Review

We also highlighted some options ideas that we thought might work out for yesterday’s session in AAPL and ADBE, as well as some SPY calls, and we were met with considerable success. All six of the designated sets in our target ranges produced double-bag gains or better.

AAPL Weekly $360-365 Calls
$360:
 5.85-13.57 (+132%)
$362.50: 3.45-11.55 (+235%)
$365: 3.35-9.70 (+190%)
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ADBE Weekly $435-445 Calls
$435: 6.00-12.43 (+107%)
$440: 3.20-8.95 (+180%)
$445: 1.80-5.66 (+214%)


Fresh Options Idea
AVAV 07/17 $75-80 Calls


Extended Watchlist:
SGMD, BRLL, BSTK, AITX, OZSC, BANT, HALB, FCCN, PLUG, FCEL

VYST Blows its Lid Again

Vystar Corp. VYST

We’re back to report on our performance with VYST once again this morning. Just yesterday we noted that we had mentioned the stock on both Thursday and Friday, in time to see a 143% run from a low of .0134 to .0325 on Friday. That move occurred on volume of roughly 150 mIllion shares, and led us to point out that we were looking for a continuation of momentum into this week.

Our hunch was confirmed as VYST opened up the week like a beast, smashing its previous two day volume with 311M shares changing hands. The stock soared from a daily low of .0376 and hit .0724, representing an intraday gain of 93%  From our observed low on Thursday, that works out to an overall rise of 440% and justifies our continued inclusion of speculative OTC plays in our daily reports.


Options Ideas 

We are going to signal a couple of ideas for AAPL and ADBE this morning on the heels of the revelation that Adobe will be partnering with Apple for its MacOS overhaul. Coupled with a push for the markets on fading trade fears, we could see some nice movement in the following targets, as well as some SPY Calls:

AAPL Weekly $360-365 Calls
ADBE Weekly $435-445 Calls
SPY Weekly $312-315 Calls


Extended Watchlist:
SGMD, BRLL, DLOC, IGEN, BZTG, SPOM, PFTI

Blue Horseshoe Stocks: Fresh Options Plays

MasterCraft Boat Holdings, Inc. MCFT – Fresh Idea

We’ve picked up on a very interesting chart shape in Mastercraft this morning. The stock was well on its way to a solid recovery after bouncing off of its bottom at the end of last month. Despite the company’s earnings beat yesterday, the stock saw a gap-down followed by another bottom bounce.

We are interested in tracking the MCFT 10/18 $15-17.50 Calls in the weeks ahead, which will work out quite nicely if the stock manages another rebound similar to the one it exhibited in recent weeks.


Overstock.com Inc OSTK – Recap

The last time we tagged OSTK was a couple of weeks ago, on the morning of August 27th. We had scored some solid opportunities with short-term options in its chain the week before, but that report was a simple tag on the stock itself.

Subsequent to that highlight of OSTK, the stock saw a low of 14.72. That was followed by seven consecutive bull sessions by the stock, including yesterday’s which sent OSTK to a new high 27.38. That works out to an upswing of 86% in the month of September alone.


Fresh Options Idea:
SPY Weekly $301-302.50 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds!


Extended Watchlist:
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